US Unemployment Rate Falls To 7.9% In September: Govt

The United States added a less-than-expected 661,000 jobs in September but the unemployment rate fell to 7.9 percent, the Labor Department said Friday, underscoring the economy’s tortured recovery from Covid-19.

The positions gained last month were less than half of the upwardly revised nearly 1.5 million positions added in August, indicating a slowdown in the pace of the employment recovery after business shutdowns beginning in March to stop Covid-19 caused mass layoffs.

“In September, notable job gains occurred in leisure and hospitality, in retail trade, in health care and social assistance, and in professional and business services,” the Labor Department

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Omega Commercial Finance Corporation Update On Capital Restructuring

MIAMI, Sept. 28, 2020 (GLOBE NEWSWIRE) — Omega Commercial Finance Corporation (OCFN) is hereby providing shareholders and the investment community with an update of its capital restructuring, as a result of the Company having become a non-reporting public company in October 2018..

Becoming a non-reporting public company afforded OCFN the opportunity to restructure the Company’s capital structure and address massive derivative debt that was cultivated overtime by “Bad Actors,” which is pervasive within the over-the-counter market. The derivative debt originated from various holders of promissory notes of which OCFN issued in the period following the 2008 credit crisis to sustain

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